Egyptian startups secure funding to boost expansion to Saudi Arabia

Arab News

Lean Right

Mixed Factuality

Government: Saudi Research and Marketing Group

Egyptian startups secure funding to boost expansion to Saudi Arabia

CAIRO: Startups in Egypt have started to gain momentum with several ventures securing funding to boost expansion efforts to the Kingdom.  Following a period of startup funding stagnation, Egyptian founders have made their way back to the regional venture capital space with a flurry of investment deals and expansion strategies already in place.  Egyptian fintech startup Waffarha has secured a seven-figure seed round from Value Makers Studio to …